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Prince Alwaleed sells off his flying palace

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Forbes magazine listed Prince Alwaleed bin Talal recently sold off his private jet plane, and is known to be ranked at the 29th position for being the world’s richest person. The Airbus A380 jet plane had multi- million-dollar customisations; because of which it was titled as ‘the flying palace’.

The prince has supposedly used the proceeds from the sale to develop his investments in Saudi Arabia.